0813 ET - Hain Celestial lowers its annual guidance amid problems in the company's snacks and personal care businesses. The organic food maker says poor "in-store performance" in snacks hurt Hain's F2Q results, with problems tied to marketing and promotions. Hain also experienced challenges with tea ingredients, the company says. Hain cuts its outlook for both earnings and sales in 2025, and says it is exploring strategic options for its personal care business. Hain posts sales of $411M, below analyst estimates, and its adjusted EPS also misses expectations. Hain Celestial is off 7% premarket. (jesse.newman@wsj.com)
(END) Dow Jones Newswires
February 10, 2025 08:13 ET (13:13 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.